$819,900 - 889 Third Street, Mississauga
Detached for Sale in Mississauga
Popular ListingNeighbourhood: Lakeview
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- MLS Number
- W13841246
- Property Type
- Detached
- Status
- active
- Days on Site
- 8
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Taxes (2026)
- $4,942
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE ASSOCIATES
Character-filled lovely Lakeview home on a lush 132-ft corner lot, minutes from the lake! Boasting an 1107 sq ft functional floor plan that's full of natural light with a combined living room and dining room, separate family room, oversized kitchen with tons of cabinet space and a charming bay window. An additional sun room overlooks the beautiful greenery and flowers in the backyard. The main floor is finished with a stylish, renovated 3 piece bathroom ($35k) with a sleek, curbless, rainforest shower white hexagon tile finishes. Upstairs, there are two bedrooms- one with an oversized walk in closet, and a 3 piece bathroom. Enjoy more living space in the finished basement with a rec room, bedroom, 3 piece bathroom and lots of storage. Gardeners will delight in the spacious, abundant backyard that features a large deck overlooking a large mature maple tree, perennial gardens, a greenhouse and galvanized steel planters- perfect for growing your own fruits and veggies or flowers. The gas line makes it easy to host a bbq. Located in a fantastic pocket of Lakeview, south of the GO tracks and minutes from Lakeshore with easy access to miles of waterfront trail, Lakefront Promenade, and the brand new Jim Tovey Conservation Area. Minutes from the new Carmen Corbasson Community center, excellent schools, restaurants and bars in Port Credit and and a 5 minute drive to Long Branch GO station. Updates include: Back roof ("26), main roof ('21), furnace ('20), south fence ('22), main floor bathroom ('21), front and back doors ('25), deck ('20), HWT owned ('23). This is a great opportunity to own wonderful home with space, character, and an incredible backyard in South Mississauga.
Estimate your monthly payments for this property
Estimated Payment
$4,206.51/mo
Includes CMHC insurance ($22,875)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Waterfront Transformation in Progress
Lakeview is an exciting neighbourhood undergoing a major transformation from its industrial roots to a vibrant waterfront community. The Lakeview Village development is creating thousands of new homes, parks, and amenities along the Lake Ontario shoreline. Early buyers are positioning themselves in what will become one of the GTA's most sought-after waterfront communities.
Why Live in Lakeview
- •Major waterfront redevelopment underway
- •New parks, trails, and community amenities planned
- •Strong investment potential
- •Lake Ontario waterfront access
- •Mix of new condos and established homes
Nearby Schools
Transit & Commuting
- •Long Branch GO Station nearby
- •Future Hurontario LRT connection
- •MiWay bus routes
- •Easy access to QEW and Gardiner Expressway
Parks & Amenities
- •Jim Tovey Lakeview Conservation Area (opening soon)
- •Lakefront Promenade Park
- •Marie Curtis Park (nearby)
- •Planned retail and restaurant district
- •Future community centre
Lifestyle & Community
Lakeview is perfect for those who want to get in on the ground floor of a major urban transformation. The area offers excellent value with the promise of significant appreciation as the Lakeview Village development completes.
889 Third Street, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $745/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.
About Lakeview
I know Lakeview well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.